Heavy Electrical Equipment company Triveni Turbine announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations: Rs 5,380 crore vs Rs 4,581 crore during Q4FY24 (Change: 17.5%) EBITDA: Rs 1,403 crore vs Rs 1,069 crore during Q4FY24 (Change: 31.2%) EBITDA Margin: 26.1% vs 23.3% during Q4FY24 PBT: Rs 1,321 crore vs Rs 1,009 crore during Q4FY24 (Change: 30.8%) PBT Margin: 24.5% vs 22.0% during Q4FY24 Consolidated PAT: Rs 946 crore vs Rs 762 crore during Q4FY24 (Change: 24.1%) Consolidated PAT Margin: 17.6% vs 16.6% during Q4FY24 EPS: Rs 2.99 vs Rs 2.39 during Q4FY24 (Change: 25.1%) FY25 Financial Highlights: Revenue from Operations: Rs 20,058 crore vs Rs 16,539 crore during FY24 (Change: 21.3%) EBITDA: Rs 5,177 crore vs Rs 3,810 crore during FY24 (Change: 35.9%) EBITDA Margin: 25.8% vs 23.0% during FY24 PBT: Rs 4,884 crore vs Rs 3,576 crore during FY24 (Change: 36.6%) PBT Margin: 24.3% vs 21.6% during FY24 Consolidated PAT: Rs 3,586 crore vs Rs 2,695 crore during FY24 (Change: 33.1%) Consolidated PAT Margin: 17.9% vs 16.3% during FY24 EPS: Rs 11.28 vs Rs 8.47 during FY24 (Change: 33.2%) Dhruv M. Sawhney, Chairman & Managing Director, Triveni Turbine, said: “In FY25, Triveni Turbines sustained its strong track record of outstanding financial performance and surpassed previous highs of annual revenues, profitability and order booking. Revenue from Operations grew 21% over the previous year to reach record level of Rs 20.06 billion. EBITDA and Profit Before Tax (PBT) grew faster at 36% and 37% YoY and stood at Rs 5.18 billion and Rs 4.88 billion respectively. Profit After Tax (PAT) stood at Rs 3.59 billion, representing an increase of 33% over last year. Higher EBITDA and profits were achieved through a combination of efficient cost management, operating leverage and an improved revenue mix. Order booking for the year reached a record Rs 23.63 billion, up 26% YoY supported by increased domestic and product-led demand. This is despite downward adjustments of ~Rs 1.4 billion in order booking due to slow moving orders while having customer advances. The Aftermarket segment witnessed a notable increase in new, repeat, and referral orders. At end of March 31, 2025 the closing order book stood at a record Rs 19.09 billion, an increase of 23% YoY. A robust closing order book ensures healthy visibility for the medium term, positioning the Company well for continued momentum. Demand for the Company’s products remained strong with Product order booking achieving an impressive growth of 38% YoY to Rs 17.41 billion in FY25. Key drivers of growth in product order booking were finalisation of orders in the renewable energy sector, industrial clients, power producers and API turbines. Domestically, product order booking was also supported by the Company’s strategic foray in CO? energy storage solutions. In the API segment, the enquiry base expanded geographically, resulting in order finalisations for both drive and power turbines across the Middle East, Southeast Asia, Central & South America and Europe. As a result, the Company achieved its highest-ever annual Product order booking for the fourth consecutive year, representing a key milestone in its pursuit of sustainable and innovative solutions. The Company continues to see good international demand which is reflected in export order booking which grew 23% YoY to Rs 12.59 billion during the year. This includes orders secured across broad power ranges from key regions including the Middle East, Europe, North America, Southeast Asia, and Africa. The enquiry pipelines in both Product and Aftermarket segments remain robust and globally diversified. In FY25, the international enquiry pipeline grew by ~30% while the domestic enquiry growth was even more impressive at ~120%, providing strong visibility for the coming year. By diversifying across various geographies and product/aftermarket segments, we also aim to mitigate the risks associated with market volatility Our strategic initiatives are underpinned by a robust culture of innovation, customer centricity, operational excellence, safety, and quality assurance. This lays a solid foundation for Triveni Turbines for future opportunities and sustained value creation for all stakeholders.” Result PDF
Conference Call with Triveni Turbine Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.